What is the median home value in Monroe Township (Madison County), IN?
The median value of owner-occupied homes in Monroe Township (Madison County), IN is $128,000 (±$44,251), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Monroe Township (Madison County), the median home value went from $81,600 in 2015–2019 to $128,000 in 2020–2024 (+56.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median home value
- $128,000 (±$44,251)
- Owner-occupied homes
- 2,496 (±325)
- Most common range
- $50,000 to $99,999
Home values in Monroe Township (Madison County)
| Value | Monroe Township (Madison County) | Madison County | Indiana | United States |
|---|---|---|---|---|
| Less than $50,000 | 9.7% (±6.7 points) | 9.2% | 6.0% | 5.3% |
| $50,000 to $99,999 | 29.8% (±9.7 points) | 19.0% | 10.1% | 6.1% |
| $100,000 to $149,999 | 12.9% (±4.6 points) | 16.1% | 12.7% | 6.8% |
| $150,000 to $199,999 | 21.1% (±6.5 points) | 20.6% | 15.8% | 9.0% |
| $200,000 to $299,999 | 16.0% (±5.3 points) | 20.2% | 25.1% | 17.8% |
| $300,000 to $499,999 | 8.4% (±3.3 points) | 12.4% | 21.8% | 26.9% |
| $500,000 to $999,999 | 1.8% (±0.9 points) | 2.3% | 7.3% | 20.9% |
| $1,000,000 or more | 0.3% (±0.5 points) | 0.4% | 1.2% | 7.1% |
The most common range is $50,000 to $99,999, 29.8% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Monroe Township (Madison County) against Madison County, its state and the nation
| Monroe Township (Madison County) | Madison County | Indiana | United States | |
|---|---|---|---|---|
| Median home value | $128,000 (±$44,251) | $161,300 (±$3,165) | $218,200 (±$739) | $332,700 |
| Owner-occupied homes | 2,496 (±325) | 37,488 (±783) | 1,916,243 (±9,865) | 84,210,142 |
In Monroe Township (Madison County), the median home value is not measurably different from Madison County ($161,300).
It is also lower than in Indiana ($218,200).
It is lower than the national figure ($332,700).
In Madison County, Monroe Township (Madison County) ranks 19 of 28 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 1217 of 1,574.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Monroe Township (Madison County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $81,600 (±$8,909) | $128,000 (±$44,251) | +56.9% | No measurable change after inflation |
| Median owner cost with a mortgage | $993 (±$81) | $1,160 (±$65) | +16.8% | No measurable change after inflation |
| Median real estate taxes | $676 (±$71) | $1,135 (±$181) | +67.9% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Monroe Township (Madison County)
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Monroe Township (Madison County) | — | $128,000 (±$44,251) | — |
| Alexandria | 0.8 mi | $97,800 (±$7,752) | Not measurably different |
| Orestes | 3.5 mi | $90,900 (±$12,364) | Not measurably different |
| Summitville | 4.9 mi | $101,600 (±$17,687) | Not measurably different |
| Van Buren Township (Madison County) | 5.6 mi | $105,600 (±$19,393) | Not measurably different |
| Richland Township (Madison County) | 6.0 mi | $174,600 (±$15,151) | Not measurably different |
| Boone Township (Madison County) | 6.4 mi | $203,400 (±$52,450) | Higher |
| Frankton | 6.8 mi | $140,400 (±$18,766) | Not measurably different |
| Lafayette Township (Madison County) | 7.2 mi | $153,800 (±$10,630) | Not measurably different |
Nearby places with a measurably higher figure: Boone Township (Madison County), IN ($203,400).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Madison County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 13 | Markleville | $184,200 (±$44,676) |
| 14 | Richland Township (Madison County) | $174,600 (±$15,151) |
| 15 | Duck Creek Township | $173,100 (±$121,408) |
| 16 | Union Township (Madison County) | $172,000 (±$8,602) |
| 17 | Lafayette Township (Madison County) | $153,800 (±$10,630) |
| 18 | Frankton | $140,400 (±$18,766) |
| 19 | Monroe Township (Madison County) | $128,000 (±$44,251) |
| 20 | Anderson Township (Madison County) | $127,300 (±$8,287) |
| 21 | Pipe Creek Township (Madison County) | $120,600 (±$10,454) |
| 22 | Anderson | $119,000 (±$7,357) |
| 23 | Chesterfield | $113,100 (±$15,857) |
| 24 | Van Buren Township (Madison County) | $105,600 (±$19,393) |
| 25 | Summitville | $101,600 (±$17,687) |
Showing 13 of 28 places in Madison County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Monroe Township (Madison County)
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Monroe Township (Madison County) beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Monroe Township (Madison County), save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Monroe Township (Madison County), and send estimates and invoices from your phone.
Questions about Monroe Township (Madison County)
What is the average home value in Monroe Township (Madison County), IN?
The Census Bureau publishes the median: $128,000 (±$44,251) for owner-occupied homes in Monroe Township (Madison County) (2020–2024 American Community Survey).
Have home values in Monroe Township (Madison County) gone up?
In Monroe Township (Madison County), the median home value went from $81,600 in 2015–2019 to $128,000 in 2020–2024 (+56.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Is this what homes in Monroe Township (Madison County) sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Monroe township, Madison County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Monroe township, Madison County, Indiana
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Monroe township, Madison County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Monroe township, Madison County, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Monroe township, Madison County, Indiana (county subdivision:50382, in state:18 county:095).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Monroe Township (Madison County) at a glance
- Median rent in Monroe Township (Madison County)
- Rent by bedrooms in Monroe Township (Madison County)
- Rent burden in Monroe Township (Madison County)
- Renters and owners in Monroe Township (Madison County)
- Income and affordability in Monroe Township (Madison County)
- Homeowner costs in Monroe Township (Madison County)
- Property taxes in Monroe Township (Madison County)
- Types of homes in Monroe Township (Madison County)
- Bedrooms in Monroe Township (Madison County)
- Age of homes in Monroe Township (Madison County)
- Heating fuel in Monroe Township (Madison County)
- Commute and cars in Monroe Township (Madison County)
- Population growth in Monroe Township (Madison County)
- How long people stay in Monroe Township (Madison County)
- Crowding and facilities in Monroe Township (Madison County)
- Indiana landlord and tenant rules
- Housing across Madison County
- Indiana places ranked by median home value
- Housing data for every place in Indiana